Ceridian
CDAY
#1562
Rank
$10.86 B
Marketcap
$69.52
Share price
0.10%
Change (1 day)
-9.76%
Change (1 year)
Ceridian HCM, Inc. is an American company providing of human resources software and services.

P/E ratio for Ceridian (CDAY)

P/E ratio as of May 2024 (TTM): > 1000

According to Ceridian 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2317.33. At the end of 2022 the company had a P/E ratio of -134.

P/E ratio history for Ceridian from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-134-36.03%
2021-209-94.12%
2020< -1000-2978.02%
2019123-298.54%
2018-62.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-46.2-101.99%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.